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Consider the following bond where the coupons are paid annually, Bond HSBC Price $ 9 6 8 . 7 5 YTM 9 % Years to

Consider the following bond where the coupons are paid annually,
Bond HSBC
Price $968.75
YTM 9%
Years to maturity 8 years
What is the coupon rate of this bond? The face value of the bond is $1,000. Enter your answer as a percentage. Do not include the percentage sign in your answer.
Enter your response below. Enter your answer rounded to 2 DECIMAL PLACES.

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